Woolwores decide to go ahead with the store opening, the store will be open on October $2021$ and the contract price will be R$2120000.$ This will be payable as a $50\%$ deposit on October $2021$ and the remaining balance on $30$ September $2022.$ Woolwores intends to pay the $50\%$ deposit on time; however, the remaining balance is expected to be paid on $30$ September $2023.$ Interest will be payable on outstanding payments at $6\%$ per annum, compounded monthly. The store is expected to be completed and ready for use on $30$ September $2022$

REQUIRED:

What will Woolwores be required to pay at $30$ september $2023$